Coinomi  Review



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Coinomi crypto wallet allows you to store, transfer, exchange, sell and buy currency from any device in a few clicks. The multi-currency service reportedly allows transactions with 125+ blockchains.
List of supported coins
Coinomi is a universal wallet that supports over 507 digital assets. Among them there are both popular currencies and little-known, exotic options.
The short list of coins is as follows: Bitcoin; Litecoin; Ethereum; aoin; Aurora; balancer; Bancor; Bitcoin Cash; bitcoin gold BitcoinPlus; callisto; Dentacoin Dogecoin; IDEX; Monacoins Monero peercoin.
Exchange, sale and purchase of all currencies are possible in the options of your personal account. It is reported that additional exchangers do not need to be used.
How to use the Coinomi wallet
To start working with the wallet you need:
Download the application from the official website or download it from PlayMarket.
Select the “Create a new wallet” option.
Click “Create seed phrase”.
Copy and save the generated seed phrase in a safe place (this must be done without a passphrase, you cannot restore the wallet and return the money stored on it). Enter it in a special form.
Create a strong password.
Select the main cryptocurrency.
Confirm acceptance of the terms of service.
At the top right is the settings button, technical support options, information about the program. To transfer money, there is a “Receive” tab, where activated accounts are located. It is enough to copy the account address, transfer it to the sender to complete the transaction. And in the “Send” tab, you can enter the details for the outgoing payment. For instant transfer of all money from account to account, there is an option “Send the entire amount”.
The Coinomi app is convenient to use from mobile devices. The developers have removed minor options such as the Depth of Market, color charts, and decorative settings, which made it possible to make the program “light”, undemanding to the smartphone’s RAM.
Limits and fees Coinomi
Buying and selling limits are not specified on the Coinomi website.
The wallet has a dynamic commission. The cost of a transaction is determined by several criteria:
The amount of the transaction.
A queue in the mempool (the more operations in the execution mode, the smaller the percentage).
If the user does not agree with the specified commission, he can prescribe his fee amount by moving a little lower in the queue.
Coinomi developers claim the following advantages of a crypto wallet:
Multicurrency and access to almost all existing types of cryptocurrency.
Orientation to both computers and mobile devices.
Fast exchange transactions.
Possibility of anonymous storage and use of crypto money. All client data is encrypted.
Optimized internal conversion system. All operations are performed literally in one click.
Integration into the platform of exchangers, all currency transactions can be performed instantly without leaving your personal account.
Simple interface without unnecessary options and minor tools.
Maximum security and two-factor authentication system.
Backup operations.
It is important to read the reviews about Coinomi before taking the word of the developers.



10 Responses

  1. Always a fast turn around and good communication with Coinomi Support agent Chris. Simple to complex issues resolved within a couple of emails back and forth.

  2. My wallet was hacked and Chris walked me through the process of securing the remaining funds as well as providing numerous educational materials regarding best practices. Additionally, he provided a preliminary audit regarding the likely point of compromise.

    He was extremely professional and attentive – answering my messages multiple times a day even on a Sunday!

    While it’s a pain of a situation, having Chris there to provide his expertise was invaluable.

    Chris is an employee Coinomi should be proud to have as a representative!

  3. Chris was great. I had a problem with something which turned out not to be related to Coinomi but with the atm provider. He still took the time to provide tips on how I could solve my issue. He went above and beyond.

  4. i use several wallet apps for my crypto and coinomi is by far my favorite and most trusted. i’ve been using it since 2019 or 2020 and have never had a single problem with them. other users have claimed small issues being resolved satisfactorily and within a timely manner. love the amount of different coins that can be stored there and it’s easy/convenient to make transactions and set fees based on how fast you need a transaction to be confirmed. hoping for the best with this one. cheers, Coinomi!

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